Pages

Wednesday 30 October 2013

South Africa signs Grand Inga power import deal with Congo


South Africa signs Grand Inga power import deal with Congo

Reuters  4 hours ago
KINSHASA (Reuters) - South Africa on Tuesday signed an agreement to buy over half of the power generated by the first phase of the Grand Inga hydroelectric project in the Democratic Republic of Congo (DRC).
Energy ministers from the two countries signed the purchase deal in Kinshasa during a visit by South African President Jacob Zuma to Congo.
"(The Grand Inga) project has the potential to change the economic prospects of the DRC, the region and the continent. I must convey how particularly pleased and excited I am by the progress taking place towards (its) realisation," Zuma said on Tuesday.
As part of the agreement, South Africa will purchase 2,500 megawatts (MW) out of a total 4,800 MW projected for the first phase of the project, Inga project coordinator Max Munga said at an energy conference earlier this month.
Construction for the first phase is set to begin in October 2015 and could take 5-6 years, he added. The entire project is projected to eventually produce 44,000 MW, dwarfing China's Three Gorges Dam.

No comments:

Post a Comment

READ MORE RECENT NEWS AND OPINIONS

Popular Posts

“The hate of men will pass, and dictators die, and the power they took from the people will return to the people. And so long as men die, liberty will never perish.”

“I have loved justice and hated iniquity: therefore I die in exile.

“The price good men pay for indifference to public affairs is to be ruled by evil men.”

“When the white man came we had the land and they had the bibles; now they have the land and we have the bibles.”